Fosters Freze

Fosters Freze

Information based on 2022 FDD

Food & Beverage · Burgers & Fries

Investment min
$612K
Total: $612K–$1M
Avg gross revenue
$1M
Unit-level, 2022
Franchise fee
$45K
Per current disclosure
Royalty
4%
of gross revenue
Locations
64
Franchising since 1946

Description

What is Fosters Freze?

Fosters Freze stands as an iconic American classic in the quick-service restaurant industry, serving up nostalgic flavors since 1946. This beloved franchise has built its reputation on two primary offerings that have delighted generations: premium soft-serve ice cream and delicious, made-to-order burgers.

What sets Fosters Freze apart is its commitment to maintaining the authentic, retro-American dining experience that customers have cherished for over 75 years. Their signature soft-serve ice cream, particularly the famous chocolate-dipped cones and creative 'Twisters,' has become legendary among loyal patrons. The menu features an array of frozen treats, from traditional sundaes and banana splits to innovative shake flavors like pineapple malt and strawberry cheesecake.

Beyond desserts, Fosters Freze has earned acclaim for their fresh-cooked burgers, crispy fries, and specialty items like their unique corn burritos. Many locations maintain a family-owned and operated approach, fostering strong community connections and delivering personalized service that larger chains often lack.

The franchise has successfully preserved its classic 1940s aesthetic while adapting to modern customer needs, creating a unique blend of nostalgia and contemporary service. This combination of time-honored recipes, quality ingredients, and community-focused business model has helped Fosters Freze maintain its position as a beloved destination for both everyday meals and special treats.

For entrepreneurs interested in the food service industry, Fosters Freze offers the opportunity to own a piece of Americana while operating a proven business model that has stood the test of time.
  • 78 years of proven operations
  • Signature real milk soft serve
  • Dual revenue stream concept
  • California heritage brand recognition
  • Made-to-order fresh preparation
  • Established regional market presence

Location Analysis

Where Fosters Freze wins

Fosters Freze, established in 1946, has grown to encompass numerous locations across multiple states, demonstrating over 75 years of brand development in the quick-service restaurant sector. The franchise maintains a strong regional presence with a significant concentration in California and an established footprint in Nevada, showcasing strategic market penetration across the Western United States.

The brand's operational excellence is reflected in its consistently high customer ratings across thousands of customer reviews, indicating strong market acceptance and consistent service delivery. The sample location in Inglewood, CA, exemplifies this success with outstanding performance metrics, suggesting particularly strong potential in urban markets.

Fosters Freze's concentrated Western U.S. presence, particularly in California, indicates a strategic focus on markets with year-round operational viability and strong casual dining culture. For prospective franchisees, optimal locations should target high-visibility sites in densely populated urban or suburban areas with robust daytime traffic patterns. The brand's longevity since 1946 and strong customer ratings suggest a proven business model, though the current lack of a digital presence (website) may present an opportunity for modernization and enhanced market visibility.

Primary expansion opportunities exist within their current states of operation and neighboring Western markets that share similar demographic profiles and consumer preferences.
Total US locations
64
Franchise units
64
Corporate locations
0
Avg. sq. footage
N/A

Loading map...

Territory check

Is your territory available?

Let's find out.

try

We'll take you through a few quick questions, then Fosters Freze confirms availability directly.

Availability

Financial Analysis

The numbers behind Fosters Freze

Avg gross revenue$1,256,247
Investment range$611,500 – $1,009,000
Investment midpoint$810,250
Brand fund3%
Royalty4%
Franchise fee$45,000
Min. net worth
Min. liquid capital
Fosters Freze presents a $611,500 to $1,009,000 investment opportunity in the established burger and ice cream segment, positioning significantly below the sub-sector's average investment range of $985,322 to $2,087,083. This lower entry point makes it accessible to mid-tier investors seeking food service opportunities without premium franchise costs.

The brand's 78-year operational history since 1946 demonstrates remarkable longevity in the competitive quick-service restaurant space. However, the current 64-unit system suggests limited expansion velocity compared to major QSR chains, potentially indicating either selective growth strategies or market penetration challenges.

The dual-concept model combining burgers with premium soft-serve ice cream creates revenue diversification across dayparts and seasons. The California-centric presence may limit immediate expansion opportunities but establishes strong regional brand recognition. The reported gross revenue of $1,256,247 aligns closely with sub-sector averages, suggesting competitive operational performance.

Ideal investors should possess $300,000+ liquid capital and restaurant industry experience, given the operational complexity of managing both food service and frozen dessert operations. The brand's established recipes and operational systems may reduce startup learning curves for qualified operators.

Prospective franchisees must carefully evaluate territory availability, local market demographics favoring casual dining, and competition from established burger and ice cream concepts. The franchise's mature brand positioning offers stability but may require additional marketing investment to compete with heavily advertised national chains.
Did you know? Did you know that launching your own Fosters Freze frozen treat franchise - bringing delicious soft-serve ice cream, smoothies, and frozen desserts to your community - requires a total investment between $611,500 and $1,009,000, which includes the $45,000 franchise fee plus all equipment, build-out costs, and working capital needed to open your sweet new business?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$612K–$1M
Most common
$611,500
Minimum
$810,250
Midpoint
$1,009,000
Maximum

Per FDD Item 7, total initial investment ranges from $611,500 to $1,009,000. The midpoint $810,250 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$2M$1M$900K$600K$300KN/A
$1M
$1M
2020
2021
2022
Avg
$789K
YOY change (2021 -> 2022)
+13%

According to Item 19 of the Franchise Disclosure Document, Fosters Freze has an average gross revenue of $1M. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

-2% YoY
80644832160
2017
2018
2019
2020
2021
2022
64 units open as of 2022 FDD-1 in last 12 mo

2022 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Fosters Freze's 2022 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2022 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Fosters Freze franchise typically ranges between $611,500.00 and $1,009,000.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2022. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Fosters Freze
Fosters Freze
$1M avg revenue · 64+ US franchises

Franchises for you

Other brands in the same vertical and investment band — recommendations based on what you've explored.

Spotlight

Franchisor Image
Franzy Verified

Lee's Famous Recipe Chicken

Food & Beverage

Gross Revenue$2,172,042
Min Investment$850,000
Founded1966
Franchise Units94+

Spotlight

Franchisor Image
Franzy Verified

Frios Gourmet Pops

Food & Beverage

Gross RevenueN/A
Min Investment$64,584
Founded2018
Franchise Units115+
Franchisor Image
Franzy Verified

Clusters Handcrafted Popcorn

Food & Beverage

Gross Revenue$274,576
Min Investment$170,800
Founded2017
Franchise Units5+
Franchisor Image
Franzy Verified

Tea Bar - Mobile Unit

Food & Beverage

Gross RevenueN/A
Min Investment$95,000
Founded2014
Franchise UnitsN/A
Franchisor Image
Franzy Verified

Tea Bar

Food & Beverage

Gross RevenueN/A
Min Investment$266,037
Founded2014
Franchise UnitsN/A
Franchisor Image
Franzy Verified

3Natives Acai Cafe

Food & Beverage

Gross Revenue$947,071
Min Investment$310,000
Founded2013
Franchise Units42+
Franchisor Image
Franzy Verified

Goodness Bowls

Food & Beverage

Gross RevenueN/A
Min Investment$325,119
Founded2019
Franchise Units5+
Franchisor Image
Franzy Verified

Breadless

Food & Beverage

Gross RevenueN/A
Min Investment$439,202
Founded2025
Franchise UnitsN/A